The focus will now be on the capital markets & the economy in longer
trm perspective...I have wanted to do this for a long while and have
wearied of outlining near term perspectives...Short term opinion has
become an overcrowded field...

About Me

Retired chief investment officer and former NYSE firm
partner with 50 plus years experience in field as analyst / economist, portfolio manager / trader,
and CIO who has superb track
record with multi $billion
equities and fixed income
portfolios. Advanced degrees,
CFA. Having done much professional writing as a young guy, I now have a cryptic style. 40 years down on and around The Street confirms:
CAVEAT EMPTOR IN SPADES !!!

Wednesday, November 09, 2016

The Trump We Know....

It's a little disconcerting to realize that The Donald won the Presidency, but was booed when he
showed up in NYC at PS 59 to vote and that he was creamed by NY voters. We are sending him
off to Wash. DC to be enjoyed by all, having failed to keep him to ourselves. So what can you all
expect? Well, right now he is fashioning himself for the office, trying on different guises to see
which one best suits the seemingly limitless ego. Should he play the hard nosed 'America First'
right wing populist, or now that he has captured the office, perhaps he will pose as the firm but
beneficent uniter, pulling those from left and right of center in grand schemes to regain our lost
glory? Or, perhaps he will be a bored protaginist who lets VP Pence and others do all the heavy
lifting.

Figure that whatever, he does not live in your world. You live in his. And figure that the world
is about to become an admittedly very large subsidiary of Trump Inc. A subsidiary who he hopes
he can nurture into a cash cow that can sustain his company and "brand" for posterity. Through it
all, he will do some good and neat things and he will do some very wacky and irresponsible things.
And, remember that even if you live in Podunkistan he will touch your life.

It falls primarily to the US to try and contain and control this guy and it may be necessary for
you, if you are a foreigner, to help out on occasion. Keep in mind also that if you are part of
the shifting and jostling herd that challenges him, hits him as they say, he will hit back hard.

In my years on this earth, I have been genuinely intrigued by few leaders because of their
compelling humanity. They would be Jack and Bobby Kennedy, Dr. King and Barack Obama.
The Donald is more of a case study in egomania and not an engaging person and leader.
I plan to be a mere pale shadow in Trumpworld, and to keep my head down and my
distance.